Wool; Carded Price in Estonia - 2023

Contents:

1. Wool; Carded Price in Estonia (FOB) - 2022
2. Wool; Carded Price in Estonia (CIF) - 2022
3. Wool; Carded Exports in Estonia
4. Wool; Carded Imports in Estonia

Wool; Carded Price in Estonia (FOB) - 2022

The average wool; carded export price stood at $24,910 per ton in 2022, picking up by 513% against the previous year. Overall, the export price saw a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Kazakhstan.

From 2012 to 2022, the rate of growth in terms of prices for Lithuania amounted to +3.8% per year.

Wool; Carded Price in Estonia (CIF) - 2022

The average wool; carded import price stood at $23,741 per ton in 2022, growing by 13% against the previous year. Overall, the import price saw a strong increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 765%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($32,500 per ton), while the price for the UK amounted to $23,716 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+12.8%).

Wool; Carded Exports in Estonia

In 2022, overseas shipments of wool; carded were finally on the rise to reach 1.6 tons after two years of decline. In general, exports, however, showed a sharp curtailment.

In value terms, wool; carded exports soared to $40K in 2022. Overall, exports, however, saw a sharp contraction.

Top Export Markets for Wool; Carded from Estonia in 2022:

1. Kazakhstan (1.6 tons)

Wool; Carded Imports in Estonia

For the third year in a row, Estonia recorded decline in purchases abroad of wool; carded, which decreased by -17.6% to 112 kg in 2022. Over the period under review, imports recorded a precipitous decrease.

In value terms, wool; carded imports contracted to $2.7K in 2022. Overall, imports continue to indicate a dramatic downturn.

Top Suppliers of Wool; Carded to Estonia in 2022:

1. United Kingdom (109.0 kg)
2. Germany (2.0 kg)

Source: IndexBox Market Intelligence Platform